No matter what you buy, you must pay a good amount of money. Thus, it has become important for individuals to seek a stable and high-paying job to secure their financial future. One promising option offering an additional income stream and a pathway to long-term financial stability is to become an ICICI Lombard General Insurance.
The career choice not only presents a lucrative opportunity but also serves as a means to fortify your financial well-being over time. What makes this career path appealing is its accessibility; irrespective of your current profession, you can venture into the realm of insurance as an ICICI Lombard General Insurance Agent, but you should meet a few basic requirements beforehand.
If you have been wondering about choosing a career as an insurance agent with one of India’s reputed insurance companies, ICICI Lombard, you have made the right choice. In this post, we’ll guide you through the steps to become a certified ICICI Lombard General Insurance agent.
About ICICI Lombard General Insurance
ICICI Lombard is one of India’s leading insurance providers, known for providing a wide range of insurance products to its customers. The company boasts a comprehensive and diversified portfolio of products, which is made accessible through a multitude of distribution channels. Furthermore, these offerings include a wide spectrum of insurance categories, including motor, health, crop, fire, personal accident, marine, and more.
With more than two decades of industry experience, ICICI Lombard upholds a steadfast commitment to customer centricity, which is epitomized by its brand philosophy of “Nibhaaye Vaade.” Furthermore, the philosophy highlights the company’s dedication to fulfilling promises and delivering exceptional service to its clientele.
Parameters | Details |
No of Claims Handled | 2.9 Million |
Gross Written Premium (GWP) | Rs. 255.94 billion for the year ended March 31, 2024 |
No. of Branches | 312 |
No, of Employees | 13,670 |
Requirements for Becoming an ICICI Lombard General Insurance Agent
Here is a list of the requirements for becoming an ICICI Lombard General Insurance Agent.
- Age Requirement
The candidate should have attained the age of 18 years or above to be eligible for consideration as an ICICI Lombard General Insurance Agent.
- Entrepreneurial Mindset & Social Network
The candidate should have an entrepreneurial mindset and must possess networking skills to connect with as many people to boost their circle which will be important for their success as an insurance agent.
- Sales Skills
The candidate should easily communicate with customers, understand their needs, and then provide custom insurance policies that cater to their needs. Remember that they should have incredible skills to sell policies.
- Education Qualifications
The candidate should have attained a minimum educational qualification of Class 12 (or equivalent) to qualify for the role of an ICICI Lombard General Insurance Agent.
- Exclusivity Requirement
Last but not least, it is important to keep in mind that individuals looking to become an ICICI Lombard General Insurance Agent should not be associated with any other general insurance company.
What are the Steps to Become an ICICI Lombard General Insurance Agent?
Let’s take a look at the list of steps to become an ICICI Lombard General Insurance Agent.
- In the first step, you will need to visit the official website of ICICI Lombard.
- After that, on the top, you will see the option “Become an Advisor” in the dark colour button. Then, hover your cursor over it and then click on “Become an Agent”.
- The moment you click on it, you will see blanks wherein you will need to enter your name, email, date of birth, mobile number, and PIN, and then click on the “Proceed” button.
- After that, you shall receive the OTP sent to your mobile number and email ID. Once you enter the OTP, you will then need to click on “Validate OTP”.
- In the final step, an ICICI Lombard customer representative will contact you and guide you through the entire process of becoming a dedicated ICICI Lombard General Insurance Agent.
Frequently Asked Questions
Listed below are the frequently asked questions related to the ICICI Lombard General Insurance Agent.
An insurance agent can sell complex insurance policies that can be tailored to a customer’s needs. Furthermore, they can work with claims and mainly work in cities. On the other hand, a PoSP (Point of salesperson) sells simpler insurance policies to people in various locations.
ICICI Lombard General Insurance agents help customers find suitable insurance plans, such as life, health, and vehicle insurance. They also focus on building relationships and providing ongoing support to their clients.
As an ICICI Lombard General Insurance Agent, you can easily set your own schedule and work from home. Furthermore, there are no limits on how many policies you can sell and you don’t need to invest any money to start.
Insurance agents must have a license to ensure they meet the necessary qualifications for selling insurance legally and ethically.
Insurance agents earn commissions from policies they sell, which is a percentage of the premiums paid by customers. Furthermore, they may also receive salaries and bonuses from their employers based on their performance.